Tax & Penalty15 Jul 2026, 06:10 pm
Adarsh Plant Protect Pays ₹64,900 in BSE Fines
AI Summary
Adarsh Plant Protect Ltd has disclosed the payment of fines imposed by BSE Limited for non-compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Two separate fines were levied: one for ₹5,900 (including GST) for non-compliance with Regulation 23(9) regarding the disclosure of related party transactions, and another for ₹73,160 (including GST) for non-compliance with Regulation 17(1A) concerning the continuation of a director's appointment beyond 75 years without a special resolution. The company has paid both penalties, totaling ₹79,060, despite having sought a waiver for the latter fine and re-submitting relevant documents.
Key Highlights
- Company paid ₹5,900 fine for related party transaction disclosure non-compliance.
- Company paid ₹73,160 fine for director age limit regulation non-compliance.
- Total fines paid to BSE amount to ₹79,060.
- Company had sought waiver for one of the penalties.
Price Impact
More from ADARSHPL